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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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PROFESSIONAL FED CREDIT UNION
Mortgage Loans and Application Details
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| Mortgage Company Name |
PROFESSIONAL FED CREDIT UNION |
| Address | 1710 ST JOE RIVER DR
FORT WAYNE, IN 46805 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 618 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $34,634,000 |
| Average Mortgage Loan Amount Applied For | $57,352 |
| Highest Mortgage Loan Amount Applied For | $356,000 |
| Average Applicant Income | $56,352 |
| Highest Applicant Income | $267,000 |
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| Home Improvement |
194 | $2,765,000 |
$14,000 | $152,000 |
$62,000 | $267,000 |
| Home Purchase |
223 | $20,893,000 |
$93,000 | $356,000 |
$53,000 | $267,000 |
| Refinancing |
314 | $22,443,000 |
$71,000 | $325,000 |
$58,000 | $240,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $117,000 |
$39,000 | $60,000 |
$107,000 | $267,000 |
| Black or African American |
35 | $2,375,000 |
$67,000 | $356,000 |
$59,000 | $136,000 |
| Hispanic |
7 | $638,000 |
$91,000 | $325,000 |
$56,000 | $73,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $218,000 |
$109,000 | $138,000 |
$40,000 | $52,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1 | $143,000 |
$143,000 | $143,000 |
$44,000 | $44,000 |
| White |
683 | $42,610,000 |
$62,000 | $320,000 |
$58,000 | $267,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
731 | $46,101,000 |
$63,000 | $356,000 |
$58,000 | $267,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
51 | $6,208,000 |
$121,000 | $356,000 |
$60,000 | $150,000 |
| Application Denied By Financial Institution |
87 | $5,710,000 |
$65,000 | $325,000 |
$49,000 | $171,000 |
| Application Withdrawn By Applicant |
30 | $1,838,000 |
$61,000 | $228,000 |
$49,000 | $198,000 |
| File Closed For Incompleteness |
28 | $2,520,000 |
$90,000 | $270,000 |
$41,000 | $110,000 |
| Loan Originated |
489 | $24,945,000 |
$51,000 | $309,000 |
$61,000 | $267,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
46 | $4,880,000 |
$106,000 | $320,000 |
$53,000 | $199,000 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $100,000 |
$100,000 | $100,000 |
$53,000 | $53,000 |
| Debt-To-Income Ratio |
1 | $78,000 |
$78,000 | $78,000 |
$31,000 | $31,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PROFESSIONAL FED CREDIT UNION by:
Metropolitan Area And
County
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